5020 Cleveland Bay Way, Elk Grove, CA 95757, Elk Grove, 95757 - 3 bed, 2 bath
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Elk Grove, CA 95757
This Turnkey Single-Story Residence is a Strong Value Opportunity, listed at $539,000—positioned well below the $560,169 Fair Market Value by 3%. This valuation gap provides $21,169 in Instant Equity. Boasting an Excellent Condition Rating, the home features premium 2023 upgrades including wide-plank oak flooring, quartz countertops, and a new copper plumbing system. The oversized 6,880 SqFt lot includes a landscaped backyard with a new aluminum patio awning. Zoned for top-rated schools like Castello Elementary, this home is perfect for Owner-Occupants or first-time buyers seeking a modern, maintenance-free lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5020 Cleveland Bay Way Subject | $549,000* List Price | 3 | 2 | 1,261 | $448 | - |
A 6028 Travo Way Sold | $630,000 | 3 | 2 | 1,506 | $418 | 0.7 mi |
B 9909 Blue Lupine Place Sold | $545,000 | 3 | 2 | 1,189 | $458 | 0.4 mi |
C 10149 Van Brocklin Way Sold | $550,000 | 3 | 2 | 1,261 | $436 | 0.8 mi |
D 9944 Asilomar Lane Sold | $559,900 | 3 | 2 | 1,429 | $392 | 0.4 mi |
E 4950 Luckman Way Sold | $539,000 | 3 | 2 | 1,179 | $457 | 0.7 mi |
F 10476 Canadeo Circle Sold | $539,000 | 3 | 2 | 1,261 | $427 | 0.9 mi |
G 6028 Travo Way Active | $642,499 List Price | 3 | 2 | 1,506 | $427 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 2003, the property underwent extensive renovations in 2022 and 2023, including a new copper plumbing system, wide-plank oak flooring, quartz kitchen countertops, and fresh interior and exterior paint. The kitchen and living areas feature modern finishes and high-quality fixtures, meeting the criteria for a recently renovated home with no deferred maintenance.
The property features significant 2022-2023 renovations, including a new copper plumbing system, wide-plank oak flooring, and a modernized chef's kitchen with quartz countertops and luxury Brizo fixtures.
Situated in the prestigious Laguna South enclave, the home offers excellent walkability to local parks and is zoned for top-rated schools including Castello Elementary and Franklin High.
The generous 6,880 SqFt lot is professionally landscaped with custom stamped concrete and a new aluminum patio awning, providing a private retreat with ample room for a future swimming pool.
At 1,261 square feet for a three-bedroom residence, the interior living spaces and secondary bedrooms may feel small compared to other detached homes in the area.
The two-car garage may be a limitation for buyers in this price point who require additional storage or space for more than two vehicles.
Sought after single story home on a large 6,880 SqFt lot in a partial cul-de-sac in prestigious Laguna South. Elk Grove enclave with walkability to nearby parks, trails, and schools. Top-rated schools (Castello Elementary, Johnson Middle, Franklin High). 2023 Upgrades: New copper fresh-water plumbing system, wide-plank oak wood flooring, freshly painted kitchen cabinetry, new quartz kitchen counters/sink, Brizo luxury kitchen faucet, handheld shower head, full interior paint. 2022 Upgrades: New exterior paint, beautifully landscaped backyard, new aluminum patio awning, & custom stamped concrete. Open-concept layout maximizing natural light, anchored by elevated ceilings and a chefs kitchen w/ central island which flows seamlessly into the family room. Integrated living spaces featuring a stunning fireplace, open floor plan. Private primary suite retreat offering a walk-in closet & an en-suite bathroom w/ dual vanities, a soaking tub, & a separate shower. Generously proportioned secondary bedrooms perfectly suited for guests or a dedicated home office. Private, large backyard (with room for a swimming pool) w/ low maintenance landscaping, secure fencing, & a spacious patio designed for outdoor dining. Two car garage. Proximity to local shopping, dining, Highway 99, & Interstate 5.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 1.8 mi
Grades 7-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 42% |
| Baths | 2.0 | 3.0 | 29% |
| Square foot | 1,261 | 2,143 | 4% |
| Lot Size | 6,880 | 5,815 | 77% |
| Price | $549.0K | $667.0K | 11% |
| Price per sq ft | $435 | $302 | 97% |
| Built year | 2003 | 2005 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 45 | 198 | 1% |
Apr 6, 2026
$549,000
$539,000
+2% Price Increase
Initial Listing
Mar 8, 2026
$539,000
Initial Listing
Aug 14, 2023
$542,500
Public Record
Feb 11, 2009
$200,000
Public Record
Jun 6, 2006
$370,000
Public Record